$224,559 · BROUSSARD, LA 70518
Tight for flippers · Landlords would lose money

Available

$224,559Asking price

3 bd · 2 ba · 1,825 sq ft · built 2019

BROUSSARD, LA 70518

No contract on file

via InvestorLift Classic

Listed 4 days ago

Tight for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $265,000
Asking price: −$224,559
RepairsMiddle of the seller’s $1,000 – $2,000. Ours: $0 – $13,000: −$1,500
Loan, holding, closing20% down, 12% interest, 2 points, 61 days: −$21,883
Profit6.4% of ARV · flippers want 10%+: $17,058
Tight

Works for a flipper at $215,000 or less.

PRIME DISPOSITIONS

Joey Z

No reviews yet

Comps

Sales

Rents

ARV $265,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $258,000.

The sales behind this value are shown to members.

ARV $265,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PRIME DISPOSITIONS

Joey Z

No reviews yet

Seller Description

CRAZY LOW RATE 2.25% opportunity in Broussard, LA

Newer-build 3/2 in Talon Estates, priced below recent neighborhood sales

Newer-construction 3/2 single-family with 1,825 sq ft of living space in Talon Estates, a DSLD-built neighborhood in Broussard on the southern edge of the Lafayette metro. The home sits just off the US-90 / Ambassador Caffery corridor, near medical offices, banks, big-box shopping, pharmacies, and restaurants, with Lafayette Regional Airport about 8 minutes away.

The entry price sits roughly 10-15% below recent Talon Estates sales of the same size.

Market rents are $2,200 per month => $900-1000 POSITIVE CASH FLOW!!

Details -> https://docs.google.com/document/d/1S4RrSnMmH_0A32uAuzg7UvPBPQD_8s2b9qhs852AoFQ/edit?usp=sharing

Call or text Kevin 959-777-5299